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Veteran C-Suite Executive Joins Revitalization Partners
Seattle-based Restructuring and Turnaround Firm Adds Richard von Riesen (SEATTLE, WA) – Revitalization Partners has announced that former corporate executive and senior advisor Richard von Riesen has joined the RP team. Mr. von Riesen brings more than 30 years of...
Tales from the Receivership Trail — Why Crime Doesn’t Pay
In our continuing series, Tales from the Receivership Trail, we are sharing an interesting story that shows for sure that crime does not pay. Situation: A 50% owner (Owner A) of a flooring contracting business suspected that the other 50% owner (Owner B) was...
New Years Resolution: Don’t Be a Day Late and Many Dollars Short
As the calendar turns over to the new year 2024, most CEOs and boards of directors are thinking about a number of ways to improve their business. The topics typically range from growing revenue, improving productivity, improving employee morale, or increasing...
Why Banks Still Say No
In the intricate landscape of financial markets, the decline in loans to small and mid-sized businesses has become a pressing concern. Traditionally, banks have played a pivotal role in fueling the growth of these enterprises, serving as a lifeline for...
The Difference Between Receivership and Bankruptcy
Recently, Revitalization Partners was approached by a potential client who wanted assistance in closing down their business. They, being more of an artist than a businessperson, had turned over the management of the business to individuals recommended by...
Rapidly Rising Rents are Threatening Independent Businesses
In cities as diverse as Portland, Seattle, Spokane, and even Austin, TX., retail rents and those for manufacturing and warehouse space have increased by double-digit percentages over the last year alone. As the cost of space rises, neighborhoods that have long...
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